Oil Price Takes Breaks over Pandemic WorriesCommodities

Oil Price Takes Breaks over Pandemic Worries

Oil price grabs the breaks from hikes as a worldwide hike in coronavirus cases dampen demand outlook. The black gold…

Anti-risk Sentiment Ignited, Dollar Starts the Week RightForex

Anti-risk Sentiment Ignited, Dollar Starts the Week Right

With the flagging US economic indicators and rising number of daily infections worldwide, the US dollar gains. The anti-risk sentiment…

Former HK Lawmaker Rejects HSBC’s ExplanationEconomy

Former HK Lawmaker Rejects HSBC’s Explanation

Ted Hui, the former lawmaker in Hong Kong, has renewed his criticism of HSBC for freezing his local bank accounts.…

Retail Sales, Bank Earnings, Muted Stimulus ResponseEconomy

Retail Sales, Bank Earnings, Muted Stimulus Response

Markets expect U.S. retail sales to have fallen in December under the impact of spreading lockdown measures. Lockdowns now seem…

Gold Digests Biden’s Stimulus SurpriseCommodities

Gold Digests Biden’s Stimulus Surprise

President-elect Joe Biden’s recent stimulus package announcement may come as a surprise, but many spectators were not taken aback.  …

Asian Market to End the Week Mixed with US Stimulus ConcernsNews

Asian Market to End the Week Mixed with US Stimulus Concerns

The Asian market poses to end the week with mixed performance.   Investors are still digesting the announcement made earlier…

Dollar Caps Gains with Fed’s Dovish Status QuoForex

Dollar Caps Gains with Fed’s Dovish Status Quo

The dollar made a conservative gain on the last day of the regular session before the weekends. This is despite…

Cannabis Shop May Sprout as Mexico Approves Legalization

Despite having a notorious reputation of drug cartels, Mexico moves ahead to legalize the pot.   Spectators are divided on…

Pound Strengthens as BoE Deviates from Negative RatesForex

Pound Strengthens as BoE Deviates from Negative Rates

The pound managed to gain some leverage as the Bank of England dismisses forecasts on negative interest rates.   Similarly,…

Powell Speech, Jobless Claims, Stocks FlaEconomy

Powell Speech, Jobless Claims, Stocks Fla

President-elect Joe Biden will disclose details of his stimulus plans. The extra stimulus is to further help the economy through…